2013 ESTATE PLANNING UPDATE
Ethan R. Okura
Here is a 2013 update on important numbers used in Estate Planning and Medicaid Planning in Hawaii.
How much money and property can a person have at death without paying estate taxes?
As I mentioned in last month’s article, $5,000,000 (adjusted for inflation) is estate tax free permanently starting this year. The IRS Revenue Procedure 2013-15 clarified that taking into account inflation, the actual amount exempt from estate tax